The cheapest way to exchange ETH Tokens for Bitcoin ?
by
Aikido
on 12/09/2021, 20:54:08 UTC
Over the past few years, I have been buying a little ether tokens, as well as BSC. I have quite a lot of them and here I find a very expensive gas for transactions.
What is the cheapest way to exchange tokens (ETH/BSC/POLYGON) for Bitcoin?
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Topic
BoardAltcoin Discussion
Re: Best way to convert Bitcoin to DAI and safe storing?
by
Aikido
on 12/09/2021, 20:47:43 UTC
Thank you for the answers, friends. I would like to hear more suggestions.
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Topic
BoardElectrum
Re: Adding the thirteenth word to the existing seed phrase?
Yes it is safe. I would argue that the best practice is to keep the first 12 words safe as well, though not such a huge risk if the 13th word is complex and long enough. You should keep the entire seed safe, losing the last word can potentially mean losing everything as it is not covered by a checksum.
Thanks for the reply. The last question that interests me. 13 word can be absolutely anything? Not from the BIP39 list ?
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BoardAltcoin Discussion
Topic OP
Best way to convert Bitcoin to DAI and safe storing?
by
Aikido
on 29/08/2021, 10:04:02 UTC
Hello. I would like to get some advice from you. I need to exchange several bitcoins (3-5) from my electrum wallet to DAI stable coin.
1. What is the best way to do this? Exchange without KYC? Atomic Swap? (NO centralized exchanges) 2. Which wallet should I use to store DAI ? (I'm a little scared to keep such a sum of money in a meta mask in my browser) Are there any analogues of electrum for ether tokens? 3. I chose DAI because of its decentralization and the inability to get a coin lock. Do you think this is correct? (I will keep the DAI for about 1-2 years)
Thank you for your advice, community!
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Topic
BoardElectrum
Topic OP
Adding the thirteenth word to the existing seed phrase?
by
Aikido
on 29/08/2021, 09:49:45 UTC
Hello. I have electrum seed phrase witn some bitcoins. I want to create new eclectrum wallet with same seed phrase and add thirteenth word at the time of setting up the new electrum wallet. To move all the funds from the old seed phrase (wallet) to the new one (same seed + 13 word). Is it safe? Are there any possible errors?